Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Retail
Gym, childhood education center renew at Clark location

Denholtz Associates has renewed two tenants at a 10-building commercial complex in Clark.

Health Care & Education
Rockefeller marks milestones with cancer center, FedEx projects

The Rockefeller Group has marked another step in its high-profile redevelopment plan in Florham Park — and it’s preparing to celebrate another project less than 20 miles away.

Industrial
Furniture e-tailer expands, finds new home in Elizabeth

An online furniture seller has leased a 143,000-square-foot warehouse in Elizabeth to help support its rapid growth, following a deal brokered by Colliers International.

People
New brokerage targeting multifamily, commercial sales

Frank Somma By Joshua Burd The co-founder of a longtime North Jersey brokerage firm is starting a new venture. Frank Somma, an industry veteran of more than 40 years, announced recently the formation of Somma Associates LLC. The new firm…

Industrial
Camden County industrial building changes hands for $625K

A contracting firm has paid $625,000 to acquire a 31,550-square-foot industrial building in Brooklawn, Colliers International said Tuesday.

Office
New technology brings real-time transit info to One Gateway tenants

Advance Realty has installed a real-time display of mass transit options at One Gateway Center in Newark, the landlord said, part of an effort to use technology to enhance the 26-story office building.

Office
Mack-Cali details plans for new office tower with SJP Properties

Mack-Cali Realty Corp. has taken the wraps off its plans for a new 1.2 million-square-foot office tower that it hopes to build in Jersey City under a joint venture with SJP Properties.

Residential & Mixed Use
Charging stations, car sharing come to Jersey City buildings

Two of Jersey City’s newest residential buildings are playing host to electric vehicle charging stations and a car sharing program founded by a local developer.

Residential & Mixed Use
Apartments at Fort Lee’s Hudson Lights open for leasing

Tucker Development is officially seeking tenants for the first residential phase of Hudson Lights, a mixed-use, 1 million-square-foot project that has helped transform downtown Fort Lee.

Industrial
Zimmel announces more than 200,000 sq. ft. in warehouse deals

A trio of industrial tenants have inked leases in central New Jersey in a series of deals arranged by Zimmel Associates, the Edison-based brokerage firm said Monday.